Actuaries specialise in applying mathematical, statistical and financial analysis to business, finance and insurance. Actuaries advise government, financial institutions and other organisations on financial management, risk management, product design and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper. In this professionally accredited course, you'll learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance and insurance.
This course is accredited by the Actuaries Institute. If you complete it with grades of credit or above in the relevant units, you're eligible to apply for exemption from the corresponding Foundation level professional examinations.
If you complete this course as part of the double degree with either the Bachelor of Science or Bachelor of Applied Finance with grades of credit or above in the relevant units, you're eligible to apply for exemption from the corresponding Foundation level and the university component of the Associateship level professional examinations.
If you are interested in long-term financial planning and management and would like to apply mathematics, statistics, economics and financial analysis to practical problems.
Students in the single degree with grades of credit or above in the relevant units are eligible to apply for exemption from the corresponding Foundation level professional examinations of the Actuaries Institute. Students could subsequently complete the units providing exemption from the university component of the Associateship level professional examinations by non-award part-time study, or by enrolling in a Master of Actuarial Practice degree.
Part of what makes Macquarie future focused is that we allow you the freedom to explore your interests across a range of areas, rather than lock you in to a single, narrow field. So follow your passions and tailor your course to your needs and interests.
Units are what we call subjects. Most full-time students take four units – each worth a fixed number of credit points – per session.
For students from overseas, Macquarie uses an international selection rank to determine the minimum eligibility requirement for each undergraduate course. This rank has been converted into equivalent scores for various recognised international high school qualifications and university entrance examinations, including global qualifications like the International Baccalaureate (IB) and GCE A-Levels.
All applicants for undergraduate coursework studies at Macquarie University are required to provide evidence of proficiency in English. You may satisfy the English language requirements if you have completed:
At Macquarie, we are all about success. With our International Academic Entry Program, we recognise your individual strengths, interests, and personal circumstances. If you have not achieved the overall score required for your program, but demonstrate particular strength in relevant subjects, we may consider you for alternative entry.
International fee-paying
AUD $36,450
Indicative annual fee
Fee per credit point AUD $1,518.75
The indicative annual fee displayed is based on completing a standard full time study load. Fees may increase each year. For courses longer than one year in duration, you will pay the fee that is current for the year that you enrol in the unit.
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